But the former Chelsea boss would not open up about potential new faces at Real Madrid, instead promising only to play attractive football.

"We haven't spoken yet about new signings, because it's my first day here," he told reporters.

"This is the most prestigious club in the world and we have to win by playing the most spectacular football because the history and tradition of this club is in playing offensive football, and we're going to work hard to play the football that will make the fans happy.

"We have been to the training ground - it's fantastic. Everything that we need is there. I think this is going to be a very good project.

"I have the support of the club, the president and the fans, so I think this will be a very happy season for Real Madrid."

When asked about Malaga's Isco - who himself has - Ancelotti said: "I can only talk about this player's quality; he has a lot of quality."

But his first job could be to convince Cristiano Ronaldo to stay. The Portuguese forward is reportedly ready to meet Manchester United officials over a

Ancelotti said: "(Ronaldo is) a fantastic, marvellous player. It's an honour to coach a player like Cristiano."

(Image: Clive Rose)

Ancelotti did, though, confirm that former Real Madrid star Zinedine Zidane will be his new assistant.

“He’ll be on the bench, the only problem is he can’t play," he joked.

Real president Florentino Pérez suggested Ancelotti will be under immediate pressure by quipping: "You know, Carlo, that the Champions League is the most coveted trophy."

He added: "Ancelotti has experienced the highest amounts of pressure in the most intense dugouts in the world, but he should know that nothing he has experienced will be similar to what awaits him at this club."